Flowers Foods, Inc [NYSE: FLO] jumped around 0.2 points on Thursday, while shares priced at $17.07 at the close of the session, up 1.19%.
Compared to the average trading volume of 2.19M shares, FLO reached a trading volume of 4437011 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Flowers Foods, Inc [FLO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FLO shares is $19.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FLO stock is a recommendation set at 2.75. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Exane BNP Paribas have made an estimate for Flowers Foods, Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on July 10, 2024. While these analysts kept the previous recommendation, DA Davidson raised their target price to Neutral. The new note on the price target was released on March 01, 2024, representing the official price target for Flowers Foods, Inc stock. Previously, the target price had yet another raise to $27, while Deutsche Bank analysts kept a Hold rating on FLO stock. On December 06, 2022, analysts decreased their price target for FLO shares from 28 to 27.
The Average True Range (ATR) for Flowers Foods, Inc is set at 0.41, with the Price to Sales ratio for FLO stock in the period of the last 12 months amounting to 0.71. The Price to Book ratio for the last quarter was 2.55, with the Price to Cash per share for the same quarter was set at 0.02. Price to Free Cash Flow for FLO in the course of the last twelve months was 12.85 with Quick ratio for the last quarter at 0.72.
How has FLO stock performed recently?
Flowers Foods, Inc [FLO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.96. With this latest performance, FLO shares dropped by -6.72% in over the last four-week period, additionally sinking by -20.83% over the last 6 months – not to mention a drop of -32.21% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FLO stock in for the last two-week period is set at 39.45, with the RSI for the last a single of trading hit 38.73, and the three-weeks RSI is set at 40.35 for Flowers Foods, Inc [FLO]. The present Moving Average for the last 50 days of trading for this stock 18.20, while it was recorded at 17.22 for the last single week of trading, and 20.71 for the last 200 days.
Flowers Foods, Inc [FLO]: Deeper insight into the fundamentals
Flowers Foods, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.72 and a Current Ratio set at 1.20.
Earnings analysis for Flowers Foods, Inc [FLO]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FLO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Flowers Foods, Inc go to -0.37%.
Insider trade positions for Flowers Foods, Inc [FLO]
The top three institutional holders of FLO stocks are: VANGUARD GROUP INC with ownership of 21.77 million shares, which is approximately 10.2995%. BLACKROCK INC., holding 18.5 million shares of the stock with an approximate value of $$410.62 million in FLO stocks shares; and BLACKROCK INC., currently with $$192.73 million in FLO stock with ownership which is approximately 4.1076%.
